fficials in the Iraqi oil sector says that many oil fields have been discovered in the south, center, north of Iraq and they are ready to be developed. According to Asahristani, the Energy Committee in the Iraqi Government is writing down the final draft of the gas and oil law which is expected to be passed on to the Parliament before end of the current year. Ashahristani added that his new law will found a new Iraqi national oil company supervising the activities of the oil sector. According to the new law of gas and oil, the Iraqi Ministry of Oil will supervise the planning for the oil sector and design the oil policies instead of carrying out numerous oil operations which will be done by the new Iraqi National Oil Company. The establishing of the new Company was already suggested two years ago by the ex-minister of Iraqi Oil, Thamir Al-Ghadhban. The previous Iraqi National Oil Company was converted to a ministry run by the ex-dictator Saddam Husain in 1987. The role of the new Company will concentrate on: determining the important decisions and policies, strategic planning for the Iraqi Oil industry as well as dealing with international relations and oil investments which include production, exportation and excavation.(Source)Iraq National Congress
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02-10-2006, 02:37 AM #10411
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02-10-2006, 02:38 AM #10412
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I am new at finding posts and sorry it took me three parts to do this.
Last edited by Barbara919; 02-10-2006 at 02:41 AM. Reason: Help, Neno, this should be in the Dinar info, please move
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02-10-2006, 02:47 AM #10413
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02-10-2006, 02:59 AM #10414
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Shiite politicians demand Iraq government changes after arrest of Sunni leader's body
Shiite politicians demand Iraq government changes after arrest of Sunni leader's bodyguard
The Associated Press
Shiite politicians demand Iraq government changes after arrest of Sunni leader's bodyguard - iht,africa,Iraq - Africa & Middle East - International Herald Tribune
Published: October 1, 2006
BAGHDAD, Iraq Shiite politicians demanded changes in the Iraqi government, accusing a Sunni Arab party in the coalition of ties to terrorism after a bodyguard of its leader was arrested on suspicion of planning bomb attacks.
The dispute that arose Sunday threatened a sectarian crisis within the national unity government of Prime Minister Nouri al-Maliki, which is struggling to contain spiraling Shiite-Sunni killings that the U.S. ambassador said have surpassed Sunni insurgent attacks in deadliness.
After the bodyguard's arrest, an unprecedented surprise curfew was imposed on Baghdad on Saturday, preventing pedestrians as well as vehicle traffic. The curfew was lifted early Sunday.
At least 23 people were killed in violence Sunday, and 21 bodies were found in Baghdad or to the south, many of them bound and tortured. In the evening, gunmen burst into a frozen food factory in Baghdad, kidnapping 24 workers and wounding two others — similar to past attacks in which militants have picked out members of the opposing sect from among the captives and killed them.
The U.S. military also reported Sunday that two American soldiers were killed the day before in fighting in western Anbar province — bringing to at least 70 the number of U.S. troops killed in September, the second highest monthly toll this year after April, when 76 died.
Iraqi troops backed by American military advisers arrested a suspected Shiite militiaman believed to have carried out kidnappings and killings. A gunbattle broke out at the suspect's house in Baghdad's Shiite stronghold of Sadr City, leaving a woman and a young girl dead, Iraqi police said.
Afterward, angry men at the scene held up a color photo of a smiling, winking Jesus giving a "thumbs up" sign that they said was left by troops at the raided house — an allegation denied by U.S. and Iraqi officials.
The photo, known as the "Buddy Christ," is from the movie "Dogma," a 1999 religious satire in which "Buddy Christ" is part of a church campaign to improve Jesus' image.
U.S. military spokesman Lt. Col. Barry Johnson said the photo was a "rather ridiculous attempt" to discredit the raid. It was unclear how it ended up at the site.
The potential government crisis erupted after U.S. troops on Friday arrested a bodyguard of Sunni politician Adnan al-Dulaimi, saying the man was suspected of leading an al-Qaida-linked cell that was "in the final stages" of carrying out a string of bombings in Baghdad's fortified Green Zone, the center of government and home to the U.S. and British embassies.
Al-Dulaimi heads the Iraqi Accordance Front, the main Sunni Arab party with 44 seats in the 275-member parliament and positions in al-Maliki's government, including a supporter in the Defense Minister post.
The government also includes Shiite parties linked to militias accused of killing Sunnis — and the arrest threatened to wreck al-Maliki's attempts to forge a reconciliation between the sects that could rein in the militias as well as Sunni insurgent violence.
"We are faced with two choices, either militias or the nation. We will not allow the dignity of the nation to be violated," the Shiite prime minister said Sunday in an interview with Al-Hurra TV, which is funded and overseen by the State Department.
U.S. Ambassador Zalmay Khalilzad and the top U.S. commander in Iraq, Gen. George Casey, sought to contain the political fallout, underlining in a joint statement that "the arrested individual had no ties to al-Dulaimi's family, nor is al-Dulaimi connected in any way to the suspect activities of the individual."
But Baha el-Deen al-Araji, a lawmaker from the party of radical Shiite cleric Muqtada al-Sadr, accused Sunni politicians of having "direct and indirect links to Saddamists, Takfiris (Sunni radicals) and terrorists."
He demanded a "significant cabinet reshuffle" to change "ministries of security and public services dossiers."
"All our Sunni brothers have terrorist groups. This is destructive to the reconciliation process," another Sadrist lawmaker, Nasser al-Saadi, told The Associated Press. "We must stand up to them."
He said that if al-Dulaimi is shown to have links to al-Qaida "he should be treated as a terrorist." The lawmakers said parliament would discuss the arrest in a session on Monday.
Al-Dulaimi denied any connection to militants and said those trying to "defame" the Accordance Front should "be silent because any factor that leads to blow up this case would affect the entire national unity process."
Thousands of people have died in recent months in Shiite-Sunni killings, even as violence by Sunni insurgents continued. The top U.S. military spokesman in Iraq, Maj. Gen. William B. Caldwell, said Wednesday that over the preceding week suicide attacks were at their highest level ever.
Khalilzad said al-Qaida-linked militants had been weakened in recent months and that "a main part of the violence now is sectarian violence ... between death squads associated with militias."
Speaking on CNN's "Late Edition," he said al-Maliki's government "in the course of the next two months, has to make progress in terms of containing sectarian violence."
But he expressed optimism that with the prime minister's reconciliation plan and U.S.-Iraqi security efforts "next year the level of violence will be lower than this year."
Iraq's National Security Adviser Mouwafak al-Rubaie, meanwhile, said security forces were closing in on the leader of al-Qaida in Iraq Abu Hamza al-Muhajer, also known as Abu Ayyub al-Masri.
He succeeded slain militant Abu Musab al-Zarqawi at the helm of the group, which is accused of some of the deadliest suicide bombings against Shiites.
"In a very short time, we will bring you the good news of Abu Ayyub al-Masri either killed or handcuffed to be brought before the Iraqi justice system," he said.
He showed what he called an al-Qaida instructional CD found this week in a raid south of Baghdad in which al-Masri is seen explaining how to build a car bomb.
"Your days are numbered and you will face your fate very soon," al-Rubaie said, addressing al-Masri.
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02-10-2006, 03:01 AM #10415
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Oil is the key - it brings in the investors, provides the country with the collaterol it needs to expand business, improve lives, and bring it's currency back up to a competitive rate -
It seems to me everyone - oil companies and countries included, are just waiting for the parliment to hammer out these laws and get them ratified and implemented.
My prediction - and it is just that - we will be waiting until the end of the year. These are huge, huge, issues that a very young government (four months old) is dealing with. I do not see it happening before the end of the year - but when it does it will be am impressive feat. These laws (oil, gas, fil, etc) MUST happen soon, and they are critical to Iraq moving forward. It is really do or die time - isn't that the impression you all are getting?Last edited by Nomrah I; 02-10-2006 at 03:04 AM.
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02-10-2006, 03:02 AM #10416
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02-10-2006, 03:09 AM #10417
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[QUOTE=motomachi;114369]Translated version of http://www.kululiraq.com/
...
He added Almusderali margin Economic Forum, which was held at the Ministry of Industry and Minerals, the role of banks in the process of economic reform that the Central Bank of Iraq and work quickly to take its active role in the economic stability of the country, It also tries to lay off some of the mechanisms that were prevalent days of the previous regime, especially lending to government institutions. So there is serious studies on the possibility of introducing and developing a market for government securities would provide a needed all of the institutions of cash and fast, in addition to that it will enable individuals and owners of capital to create a new type of domestic investment content, and the reduction of the phenomenon of capital flight abroad. And the Central Bank's role in achieving economic stability at the current stage, The source pointed out that the Central Bank of Iraq enjoys complete independence, which is making a big effort in order to achieve a stable monetary policy, contribute to the strengthening of the Iraqi economy and reconstruction, and that through a series of constructive steps. The most important of these steps to replace the national currency, been completed, replacing the old Iraqi national currency in January 15, 2004 through the replacement of four trillion OID new currency. This step has been made of a number of important benefits, which restored confidence in the Iraqi dinar is very high, , which reflected an improvement in the exchange rate are clear. The approval, the recent granting of licenses to foreign banks one important step in the efforts of the Central Bank of Iraq to build banking sector active and competitive in Iraq. The auction on foreign exchange of the Central Bank of Iraq. Their main objectives of this auction in helping to alleviate the excessive fluctuations in the exchange rate, which may occur suddenly, the bank also worked on new legislation to provide full legal independence and a clear mandate for the pursuit of price stability and effective regulatory authorities. As is the direct use of open market operations through the purchase and sales of treasury transfers to control the liquidity of the economy and the stability of cash flows, and approval of a new law to commercial banks, where is the ratification of the Law on Commercial Banks Iraqi major step towards establishing a financial system that works in accordance with the criteria, Iraq and the promotion of trade and the liberalization of interest rates is immediate and full liberalization of interest rates on financial instruments of all local deposits, loans and securities in force. The World This action is an important step towards the birth of modern financial sector and efficient allows borrowers to make their own decisions rather than having them bound by the directives and orders issued by the Central Bank of Iraq, The bank now plans to implement several projects, the most important of the restructuring and rehabilitation of government banks, an important application of the system to control and the development of local control and ability to implementation, the creation of the framework of the comprehensive statistical standard covers all sectors President, and finally the development of a market for government securities.
everybody see what this says? THIS IS EXACTLY WHAT IS HAPPENING AND WHAT WE AWAIT COMPLETION OF. WATCH PARLIAMENT TODAY!!
(ps. the underlined part is what i was refering to for the person who asked a question earlier about what it says on the cbi site about sudden fluxuations of rate.)Last edited by shotgunsusie; 02-10-2006 at 03:16 AM.
JULY STILL AINT NO LIE!!!
franny, were almost there!!
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02-10-2006, 03:15 AM #10418
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What ya mean Suzie?
What are we watching Parliament today for? Passing of the FIL or what? I'm confused again.
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02-10-2006, 03:18 AM #10419
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I stay confused ....Sure glad I got SGS and some more of you smart people in here to tell me all this.....
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02-10-2006, 03:18 AM #10420
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Looks like only 4 trillion dinar was printed also. So much for everyones theory that they had 9 trillion.
The most important of these steps to replace the national currency, been completed, replacing the old Iraqi national currency in January 15, 2004 through the replacement of four trillion OID new currency.
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